Bua Foods, Zenith Bank, GTCo drive market performance, as equities gain N412bn
Nigerian equities opened the week strong today as the benchmark index gained to close at 68, point. The market's performance was primarily driven by demand in Bua Foods (+), Zenith…
Oando acquires 100% ENI shares of Nigerian Agip Oil
Kayode Ogunwale Oando Plc said it has acquired 100 per cent of the shares of ENI in Nigerian Agip Oil Company Limited (NAOC Ltd). The company made this known in…
GTCO Reports N327.4bn Pre-tax Profit In H1
GTCo Guaranty Trust Holding Company (GTCO), has declared a pre-tax profit of billion in its audited results for the first half (H1) of 2023. The Holding Company consolidated and separate…
Subsidy Palliative: BudgIT calls for transparency and accountability in funds distribution
BudgIT, a civic-tech organization leading the advocacy for transparency, accountability, and effective service delivery in Nigeria, calls for openness and accountability concerning the distribution of the five billion naira relief…
I’m Shocked, Scared of FG’s Lack of Plan For Nigerians after Subsidy Removal, Says Edo Governor Obaseki
Edo State Governor, Mr. Godwin Obaseki, Wednesday, lashed out at the administration of President Bola Tinubu, saying he was shocked and scared of the government’s inability to plan and effectively…
LIRS reiterates renewed efforts in using technology, advocacy to shore up revenue
Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair Kayode Ogunwale The Lagos State Internal Revenue Service, LIRS, has reaffirmed its renewed efforts in leveraging cutting-edge…
NGX proposes dollar-denominated bond, stock listings, issue warning
Timi Popoola, CEO NGX Ltd The Chief Executive Officer of Nigerian Exchange Ltd., Temi Popoola, has disclosed that the nation’s capital market was considering a dollar-denominated bond listings. Popoola…
Union Bank partners with Women’s World Banking and TGI Group to implement ‘Digital Supplier Credit’ solution
Kayode Ogunwale In line with its commitment to enabling success for its customers, Union Bank has partnered with its parent company, TGI Group and Women’s World Banking, to introduce…
UBA delays half year audited financial results
The board of United Bank for Africa (UBA) Plc has announced a delay in the release of its Half-Year (HY) financial results. This was disclosed in the company’s statement to…
Dr. Akintoye Akindele Opens Up On Business Dispute With Abiola Family, Says Fraud Allegations Untrue
Dr Akintoye Akindele The Managing Director/Chief Executive Officer of Duport Midstream Company Limited, Dr Akintoye Akindele, has opened up on a business dispute he has with the family of the…